ICTA announces a new benefit program for its members! Shipping insurance for shipping outbound or inbound, domestic, or international packages at extremely competitive rates could not be easier. Claims are processed promptly for loss, partial loss, or damage, providing peace of mind. Shipments are covered in full with no deductible.

On February 22, Governor Terry McAuliffe signed VA HB 1668 to expand Virginia’s sales-and-use tax exemption to include legal tender coins, effective January 1, 2018, to June 30, 2022.

Virginia had a short, 6.5-week legislative session. Companion bills were introduced in the House and Senate to fast-track them; both bills passed. The companion bill, VA S 934, missed the deadline for early action by the governor and should be acted on in March.

The Industry Council for Tangible Assets (ICTA) board of directors approved at their January 4 board meeting the formation of an Anti-Counterfeiting Task Force committee to mobilize law enforcement resources to protect the integrity of U.S. coinage by educating officials on the economic impact and growing threat counterfeit circulating, collectible, and bullion coins pose to the collecting community as well as the public at large.

The board also approved the hiring of Beth Deisher as director of anti-counterfeiting. The committee and Beth’s salary will be financed by donations to a separate, dedicated fund.